Well-maintained 1900 duplex in a convenient Bangor location offering flexibility for owner occupancy or investment. The front unit features 3-4 bedrooms and 1 full bath and is currently unoccupied, allowing for owner occupancy or the ability to establish new rental terms. The rear unit offers 2 bedrooms and 1 full bath and is occupied under a month-to-month lease.After purchase in July 2021, the hot water systems were separated so each unit now has its own independent hot water supply including a newer heat pump hot water heater added to one of the units providing the individual hot water service. Additional improvements completed since purchase include replacement of the sewer line from the house to the city main connection, along with any associated plumbing updates required at that time.Utilities were also completely separated for each apt, meaning the natural gas and electric meters were separated so each unit has its own heating system and electric service. Smart thermostats were added, along with updated wiring and 24-volt transformers in each apartment.Further updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel.Located near hospitals, downtown, shopping, parks, and many local amenities. public transportation available within one block. This move-in-ready duplex offers a strong rental history, excellent positive cash flow potential, and an exceptional opportunity for owner occupancy or continued investment use in Bangor.
Listed By
Agency Name: NextHome Experience
Agency Phone: 207-573-7400
Agent Name: Lisa Caron
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,130.02 per month $723.31 Principal & Interest $311.92 Property Tax $94.79 Homeowner's Insurance
57 Elm Street | MLS# 1650243
This multi-family property located at 57 Elm Street, Bangor, ME 04401 is currently listed for sale with an asking price of $325,000. Elm Street is located within the Bangor Public Schools school district. Search Bangor real estate on www.masiellogrouprealestate.com today.